Metallus, Inc (MTUS)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	587,300	602,000	606,800	647,700	656,800	630,500	626,700	614,700	556,600	582,500	669,600	615,200	582,300	529,400	456,300	430,400	357,600	343,800	355,100	412,100
Total current liabilities	US$ in thousands	281,500	228,200	195,300	239,100	248,400	207,000	219,800	231,000	186,700	191,900	260,000	246,200	250,800	242,500	235,700	227,100	181,000	202,900	169,900	143,400
Current ratio		2.09	2.64	3.11	2.71	2.64	3.05	2.85	2.66	2.98	3.04	2.58	2.50	2.32	2.18	1.94	1.90	1.98	1.69	2.09	2.87

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $587,300K ÷ $281,500K
= 2.09

Metallus, Inc's current ratio has exhibited variability over the past few years. The company's current ratio ranged from a high of 3.11 on June 30, 2024, to a low of 1.69 on September 30, 2020. Generally, a current ratio above 2 is considered healthy, indicating that the company has more than enough current assets to cover its short-term liabilities.

Despite some fluctuations, the current ratio for Metallus, Inc has generally been above 2 since December 31, 2020, showing the company's ability to meet its short-term obligations comfortably. Notably, there was an uptrend in the current ratio from September 30, 2021, reaching a peak of 3.11 on June 30, 2024, before decreasing slightly to 2.09 on December 31, 2024.

The consistent maintenance of a current ratio above 2 suggests that Metallus, Inc has a strong liquidity position and is well-positioned to cover its short-term financial obligations. However, it is essential for the company to monitor its current ratio closely to ensure continued financial stability and liquidity management.